What are some long term effects associated with oil being the primary export in the region?

Long-term reliance on oil as a primary export can lead to economic vulnerability, as fluctuations in global oil prices can destabilize national economies. This dependence often results in a lack of diversification, stunting the development of other sectors such as agriculture and manufacturing. Additionally, it can contribute to environmental degradation and social inequality, as wealth generated from oil may not be equitably distributed. Over time, this can foster political instability and hinder sustainable development.